derivatives

Sen. Bernie Sanders: Break Up The Big Banks

After the news that JP Morgan Chase lost $2 billion on high-risk credit derivatives this week, as usual, Sen. Bernie Sanders was one of our few voices of reason out there about what to do with these still too-big-to-fail institutions -- break them

Goldman Sachs Exec Announces Resignation In NYT Op-Ed

An interesting op-ed in today's New York Times is written by a Goldman Sachs executive, who announces his resignation in the opinion piece titled "Why I Am Leaving Goldman Sachs." You know things are bad when the quitting employees refer to